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Government apprenticeship levy on Employers

Posted By Derek Bamber over 7 years ago

From April Employers with an annual Pay bill of Â£3,000,000 will be required to pay an apprenticeship levy of 0.5% on the pay bill. Could you advise what reporting are Sage doing to assist in the monthly calculation and payment of the levy?

Jonathan Conlon over 7 years ago

From 6 April 2017, HMRC are changing the way they fund apprenticeships. If your annual pay bill exceeds £3 million, you're required to pay into the apprenticeship levy. The amount that you need to pay is 0.5% of your annual pay bill. You also have an allowance of up to £15,000 that you can offset against this.

Your payroll year end update for 2017/2018 includes the apprenticeship levy. It automatically takes it into account when calculating how much you need to pay HMRC.

For more details on the new Apprenticeship Levy see Ask Sage article 35980.
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Government apprenticeship levy on Employers

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